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Communications Stocks Trading Higher (Sprint , MOT, NOK, ALU, JDSU)

Top Communications Stocks.

 



(EMAILWIRE.COM, March 16, 2010 )
Dallas, Tx - Sprint Nextel Corporation (NYSE:S) spurted 0.56% to $3.61. For the third year in a row, Sprint won the ATLANTIC-ACM 2010 Best-in-Class US Long Haul Wholesale Award for provisioning (tied with another carrier in this category). This recent award adds to a bevy of noteworthy acknowledgements for the company in the wholesale marketplace such as ATLANTIC-ACM’s Global Wholesale Carrier Excellence Award for the category of Best-in-Class Voice Value and the award for Billing (in a tie).

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Motorola, Inc. (NYSE:MOT) zoomed 1.85% to $7.16 after Dow Jones reported that Motorola, Inc. is considering a sale of its mobile network infrastructure business or forming a joint venture with a rival, the Financial Times reported, without citing a source. One of the companies considered for a venture is China's Huawei Technologies Co. The paper said on its Web site that Motorola Co-Chief Executive will lead separate units for network infrastructure and radio equipment for emergency services, the paper said. The move to split the two units under Brown could the infrastructure business spun off or under a joint venture, the report said.

Nokia Corporation (ADR) (NYSE:NOK) soared 0.95% to $14.95. The stock has a 52-week range of $11.01-$16.58. So far in this year the stock went up over 15%.

Alcatel-Lucent (ADR) (NYSE:ALU) climbed 0.58% over its previous day’s price and now trades at $3.49. The stock has a 52-week range of $1.53-$4.95. So far in this year the stock went up over 5%.

JDS Uniphase Corporation (NASDAQ:JDSU) surged 0.36% to $11.36 after it today announced that it will highlight solutions from its optical communications and communications test and measurement portfolios at the Optical Fiber Communication Conference/National Fiber Optics Engineers Conference (OFC/NFOEC) in San Diego, California from March 23 - 25.

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